Telfer Near Mine
A 100% interest in the Telfer Near Mine Project, comprising 44 mining leases covering 337.6km2, 14 Exploration Licences covering 444.7km2, 3 Miscellaneous Licences covering 26.8km2, all within ~30km of the Telfer Mill.
The Telfer Near Mine Project comprises predominantly of tenements acquired in the Acquisition and other contiguous Greatland tenure surrounding and along strike of the Telfer mine including the Camp Dome subdomain to the north of the main Telfer trend.
The geology consists of a package of sub-cropping to shallowly buried Neoproterozoic sediments of the Yeneena basin which have been tightly folded and intruded by granites of the O’Callaghans and Mt Crofton Suites.
Figure: Telfer Near Mine advanced exploration projects and drilling on 1:500k State Geology
The unaudited Telfer drilling database has 694,000m of drilling listed in 9,048 holes across the project. Exploration across +50 years, targeted mainly Telfer style mineralisation occurring within anticlinal domes at the contact between the Malu and Puntapunta formations of the Yeneena basin. The best gold drilling results were reported in the southeast hub area which includes three advanced exploration prospects namely Ironclad, Dolphy and Big Tree. The best copper results come from the Camp Dome prospect.
The South East Hub satellite deposits occur ~30km east south east of the Telfer mine, within the core of doubly plunging anticlines, as stratiform reefs and quartz stockworks hosted within the upper portion of the Malu Formation (inclusive of the Telfer Member).
The Camp Dome prospect is a satellite copper-only oxide deposit located approximately 20km north of the Telfer mine. Mineralisation occurs within quartz sulphide veins hosted within folded sedimentary units of the Malu Formation. It forms a sub-horizontal blanket with drill intercepts up to 65m thick over an area approximately 1,000m × 400m in size and from 70m depth.
Greatland considers the prospectivity of these satellites deposits and the remainder of the Telfer and Camp Dome trends is high and intends to progressively test their extensions as a priority.